Shein is cooperating with a U.S. Federal Trade Commission (FTC) investigation into the company’s U.S. business operations, it said in a document related to its planning Hong Kong initial public offering and filed with The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission. Get the Full Story Complete the...
A statement signed by 1,132 employees of frontier artificial intelligence companies called on the U.S. government to support an international effort to “deliberately pace” the frontier of automated AI development. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The artificial intelligence (AI) industry is dividing itself along one of the software sector’s most fundamental debates: open versus closed source. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
For decades, the org chart worked like a map of who knew what. Marketing didn’t touch contracts. Customer service didn’t run financial calculations. Those boundaries held because expertise lived in specific people, and getting specialize work done meant calling in the right one. New research...
Food supply chain technology company GrubMarket has confidentially submitted a draft registration statement for a proposed initial public offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Citi is collaborating with cloud enterprise software company Infor to introduce an invoice processing solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The U.K.’s open banking system has now powered more than 1 billion payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
A lender that finances a power plant or a pipeline typically learns about a developing problem the way it has for decades: through a scheduled inspection or a manual audit that happens once or twice a year. Damage accumulates in the dark between those checkpoints....
Western Union Digital Bank is being discontinued, is ending its services and will close all accounts two months after users have received their closure notice, the service’s operator, Western Union International Bank, said in a legal notice on its German website. Get the Full Story...